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Hilah

A ruse/ trick/ stratagem that is used in commercial or financial transactions as a means to circumvent the basic prohibitions...

    Hiba

    A method of possession transfer whereby an asset (or any form of wealth) is gifted to another party for free-...

      Dayn Hal

      Arabic (دين حال) for debt (dayn) that is falling, or has fallen, due. Dayn hal must be repaid by the...

        Sale Under Duress

        In the lexicon of Islamic finance, it is English for ba'i al-mudtarr. By definition, it is a type of sale (ba'i)...

          Tawliah

          A type of sale (ba'i or bay') in which the price (thaman) is set equal to the original acquisition price (i.e., cost...

            Taskik

            The process of issuing certificates that represent debts and loans (generally any type of obligations). The issued certificates (or securities)...

              Tarabbus

              Arabic (تربص) for waiting and tarrying for an opportunity. This involves refraining from certain actions or being actionless for some...